Cash grain bids / Iowa / Iowa-Southern Minnesota Barge Terminal Grain Bids / 2023-02-27

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Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Feb 27
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9575–15.1075/bu+0.07−17–−2¢/BuMay (K)16.1908
Barge Loading ElevatorsUS #1Delivered14.7275–15.0125/bu+0.07−44–−17¢/BuMarch (H)16.0450
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.0475–15.1975/bu+0.07−8–+7¢/BuMay (K)—
Barge Loading ElevatorsUS #1Delivered15.0275–15.1025/bu+0.10−10–−8¢/BuMay (K)16.2175
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.8875–14.8975/bu+0.07−24–−23¢/BuMay (K)16.1042

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.3250–6.4250/bu+0.06−11–−1¢/BuMay (K)6.8208
Barge Loading ElevatorsUS #2Delivered6.1275–6.3775/bu+0.07−30–−5¢/BuMarch (H)6.8013
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.4050–6.4750/bu+0.08−3–+4¢/BuMay (K)—
Barge Loading ElevatorsUS #2Delivered6.3350–6.3475/bu+0.03−10–−8¢/BuMay (K)6.8006
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.2350–6.2850/bu+0.06−20–−15¢/BuMay (K)6.6875
Source: USDA AMS · Minneapolis, MN. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.